Lee IL Real Estate & Commercial for Sale

This versatile commercial building is currently used as a laundromat with 10 washing machines plus two heavy duty washers and 7 dryers. The back part of the building is connected to the building next door at 208 W Lincoln Highway. This area features barnwood paneling and has historically been used as a dining room/event space. Continue with the current use or repurpose the building for a variety of uses including retail, office an event space or other creative ideas. There is one bathroom in front and two in the back. The back part of the building features central air conditioning. The building and all laundry equipment is sold as is. Also available for sale with the building next door at 208 W Lincoln Highway. Both buildings combined offer a unique opportunity to create an awesome bar/music event space. See MLS #11679442 for 212 W Lincoln Highway listing

Industrial property conveniently located on Wiscold Drive. This area has an 80,000 pound industrial road, all city utilities, and convenient access to I-88 and I-39. Owner occupied.

RARE OPPORUNITY, 6.55 ACRES WITH DEVELOPMENT OPPORUNITY ADJACENT TO THE ROCHELLE WAL-MART! Discover the endless potential for growth and development in Rochelle, IL by purchasing this investment property. This site offers several access points and is located in a thriving retail and mixed use development area. Utilities are located nearby and it is zoned for commercial development. Easy access and high visibility. Call for more information today.

Loads of opportunity here! Currently used as a sewing center/consignment shop (consigners would stay) Very spacious with 2 Half baths and a kitchen.

Commercial building with many possibilities. Office spaces with heat and A/C. One used as reception area, others as private offices. 2 half baths. 40 x 54 heated shop with 5 dock doors featuring heavy duty Commercial doors with a semi approach. Possible 12 inside parking spaces. Has added overhead storage. Inside 90% new paint. Small encroachment on railroad 903.00 goes up 3% per year. Extra 124 x 82 fenced-in lot with plenty of room for parking or other oppuntunties. A great place to start or expand your business.Used for a warehouse and business for many years. Located close to interstate roads. Call for a private showing.

51,240 sq. ft. single tenant net lease industrial investment. Five year lease with two 5 year options. 3% annual bumps. Projected NOI = $212,400.00. Lease available upon request with signed CA. DO NOT DISTURB TENANTS. 24 hour notice required. Showings between 6am and 7pm.

Income producing medical office building with tenant in place! Located in rapidly growing retail/business area minutes from IL 38/39 exchange. Current tenant would like to continue with 2-3 year lease with option to extend. Updated Shared breakroom, private and public bathrooms. Large exam rooms each with sink/counterspace, office rooms. Great investment opportunity!

All Brick Office Building for sale with 4050 sqft and a new, 35 year ROOF and gutters (installed Summer 2023). Located just one building north of Highway 38 through Rochelle, IL with great access and visibility. Also located just 1 mile west of Interstate 39. The building has 3 units and a common vestibule area with 2 bathrooms. Current tenant in the building includes a physical rehab clinic. Their are two units for lease. One is 1416 sqft and formerly a State Farm unit and the other is 1822 sqft which was formerly a dental office.

This formerly was a state-of-the-art Seed Research center, with 2 large greenhouses that have updated automatic shutters and heaters for year-round growing. The office complex features 12 offices and 3 labs on the first floor, and in the lower level there are offices, large storage areas, seed vaults (With filtration and cooling), furnace room and more. Fire protection is with City water fire suppression sprinkler system (Updated). All electric has been updated. This property also includes a 45ft x 30ft cold storage pole barn. The building is all brick and has been impeccably maintained. Internet hookups, security system and newer furnaces in the office portion. The property includes 2 Greenhouses approx. 1600 sq ft each, complete with heat and water. Attached to the greenhouse is a 1600 sq ft climate-controlled room. This property lends itself to many possibilities. Take a look today at your next venture..

Located on 1/2 acre. Built in 1995 by Phalen Steel, this block & brick building has 1,620 sq. ft. that includes two drive-thru bays, 3 phase power, and RMU utilities. 21 car per day average with $70 per ticket average. Business and real estate included. All financials available upon signing of nondisclosure agreement.

Here is the new home that your congregation has been waiting for! This building was purpose built making it turnkey for a church use. It features a sanctuary that can seat approximately 250 people, a spacious fellowhip hall, a baptismal font, 7 classrooms/offices plus a crying room, a full kitchen and an ADA compliant men's and women's restroom each with its own shower. The sanctuary and fellowship hall have magnificent beams and wood panelled, soaring ceilings. Well maintained and lovingly cared for the updates include a new flat roof in fall of 2023, shingled roof replaced in the last 10 years, plus updated furnace and a/c units in the last 5 years. The sound system, speakers, 2 pianos and an organ can be included in the sale. Situated on 2 acres there is room for expansion. This property could be suitable for a variety of other uses including school, daycare, lodge/meeting hall or development to name a few.

Nestled in the heart of Rochelle, IL, at 205 Powers Rd, this cherished family-owned motel presents a unique investment opportunity. For over four decades, this property has been a staple of hospitality, offering both short-term accommodations and long-term tenancies. Situated on a generous .89-acre lot, it features an expansive parking area and a serene, grassy space behind the building, ideal for guest relaxation or potential expansion. The motel spans 3,684 square feet, with a total of 11 units divided into 5 single rooms, 5 double rooms, and a spacious 2-bedroom apartment, complete with a bathroom, living room, and kitchen. This apartment offers a perfect living solution for an onsite owner or manager, blending business with comfort. The facility also includes a small office area to facilitate smooth operations. Financially, this property has consistently demonstrated solid performance, with normal annual income ranging from $60,000 to $70,000. This is supported by a blend of short-term room rates-$50 per night for a single room and $60 for a double, with weekly rates of $300 and $350 respectively-and monthly rentals to long-term tenants. These tenants, five in total, contribute significantly to the motel's stability and income, with annual rent from regular tenants alone amounting to $53,160, before even considering motel rentals. The property's expenses are well managed, with total costs in 2023 (including property taxes) amounting to $21,921.81, leading to an average annual profit between $40,000 and $50,000 for the owners. It boasts a new roof installed 12 years ago and well-maintained mechanical systems, ensuring that the next owners will inherit a property in good working order. Located at 205 Powers Rd, Rochelle, IL 61068, this motel not only offers a solid financial foundation but also potential for growth. Whether maintaining its current operation, enhancing its promotion and advertising, or converting it into studio/efficiency apartments, the possibilities are vast. This opportunity is particularly appealing for those looking to step into a well-established business with room for innovation and expansion. The current owner, seeking retirement after years of dedication, has managed the property with minimal onsite presence, highlighting a significant opportunity for improvement and increased profitability for hands-on management. This is an excellent chance for someone ready to take this longstanding establishment to new heights, building on its legacy and exploring new avenues for success. In summary, 205 Powers Rd offers a blend of tradition, potential, and financial stability, making it an attractive proposition for anyone looking to invest in the hospitality industry or explore the realm of property management and development.

Located on 1.43 acres. This 7,200 sq. ft. steel building has fully insulated walls & ceiling. There are six overhead doors with openers, two drive thru bays, three workstations, mezzanine storage, waiting room, and breakroom and bathroom off of shop. The showroom has 2 private offices & 2 bathrooms.

3,200 sq ft cement block building on .39acres. 16' ceilings, 4 overhead doors, 200 amp service, floor drains, chain link fence encompasses the site, paved front area, alley access in rear, new roof and truss repair in 2022 due to fire. Property passed city inspection & cleared for occupancy.

Retail Building for Sale. Great Location - Right Across from NIU!!! Spaces also available for lease - spaces range from 3,328 to 5,695 square feet. Co-tenants include the Dominos, Panda House, Sharks, Cast Iron Coffee, a Barber Shop, and Graham Crackers. Plenty of Parking.

8 unit, Investment opportunity. Walking distance to campus. 4 two bedroom units and 4 one bedroom units. Rents range from $725-$825 a month. Laundry on site, coin operated units owned. Off street parking. Tenants pay all utilities and electric and water separately metered. Fully occupied, good investment opportunity. Driveway redone 2023.

Well located 5 story office building in the heart of downtown DeKalb. Adjacent to DeKalb theater, close to all downtown amenities. Approx 29,000 sq ft, plus basement and drive through. On-site parking with approx. 20 spaces. Former bank on 1st floor with offices on floors 2 through 5. Functioning walk in safe in basement. Flexible floorplans adaptable to many uses. Approx 20% occupied with two current tenants. Verizon lease in place for roof top antenna. Fiber installed in building. Located in downtown TIF/ Redevelopment District. Great value-add or redevelopment opportunity!

Vacant former Fraternity House on Northern Illinois campus. Property features 24 rooms with potential for 48 person occupancy. First floor features common area, and there is a full basement with a kitchen, dining area, and additional common areas. Second and third floor have large shared bathrooms. This is a great opportunity to continue for shared student housing with an appealing location near the Campus.

Receivership Sale - Vacant former fraternity house on Northern Illinois Campus. Three story building with 28 bedrooms. Shared bathroom/showers on each floor and a full finished basement with a kitchen. Could be continued as student housing or an ideal apartment conversion. Sale subject to court approval

This commercial property, located within Dekalb's Opportunity Zone just outside NIU campus and Husky Stadium, offers immense potential. With its class B building boasting an open floor plan and high ceilings, spanning 13,650 square feet on a 1-acre lot, it presents a versatile space. Accompanied by 75 parking spaces and a 950 square foot outdoor patio, the property also includes a 4-bedroom, 2-bathroom apartment above. Perfect for a range of businesses, from restaurants and nightclubs to live music venues and banquet halls, the space invites creative exploration. Moreover, its adaptability extends to potential uses such as grocery stores, medical facilities, housing, storage, or leased parking. Bring your ideas to life in this dynamic property with endless possibilities.

Enjoy a 10% CAP on your investment from these 3 leased Fraternity Houses. NOI $236,539. This assemblage consists of 910 & 928 Hillcrest + 918 Kimberly. 80 rooms + apt. Block & Brick construction. Built 1966, 1969 & 1966. Adequate off-street parking. Wet Sprinkler compliant.

Large Heavy Industrial zoned space with storage mezzanine located in central DeKalb. Ideal for multiple uses such as assembly, machine shop or storage. Drive-in overhead door and dock doors. Priced to sell.

Completely remodeled building. Multiple unit building with one current tenant. Owner user or investment property. Multiple properties available, at 711, 717 and 725 N 1st Street on the market.

FANTASTIC ALL-BRICK 6 UNIT NEAR LIBERTY PARK! This is a TURN-KEY opportunity. Property consists of 4-two bedroom, 1 bath apartments and 2-one bedroom, 1 bath apartments. Security entrances only accessible by tenants. Separate gas & electric meters. Each unit offers hardwood floors, central air and a private storage locker. Two coin operated washers and dryer provided. Improvements include: (2022) Roof and Gutters, Brick Tuckpointing, all windows have been replaced with the exception of two, concrete walks around the building have been redone, (20) central air units. This is a great opportunity!